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Privatisation: Let the Market Decide
Author(s) -
Buckland Roger,
Davis E W
Publication year - 1984
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1984.tb01647.x
Subject(s) - call for bids , government (linguistics) , market share , business , economics , market economy , marketing , finance , procurement , linguistics , philosophy
Is the Government privatising efficiently? Is it floating the shares in nationalised industry economically? Will British Telecom be under‐priced? Professor Davis and Roger Buckland have studied the privatisation issues of shares over five years and found large but avoidable losses. They argue that the Government's marketing technique could be improved by making less use of the large financial institutions and more use of competitive tenders.